SOL/BTC – 1H – BUYThe combination Solana/Bitcoin (SOL/BTC) jumps from the descending trendline up.
A bullish trend upwards to the next resistance level at 0.001539900 is expected.
Caution: A possible trend reversal in the direction of support at 0.001471000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001631400 |
| 2nd High | 0.001567700 |
| Next High | 0.001539900 |
| Current Price | 0.001465500 |
| Next Low | 0.001471000 |
| 2nd Low | 0.001445000 |
| 3rd Low | 0.001347600 |
0.001539900 – 0.001567700 – 0.001631400 – 0.001471000 – 0.001538100 – 0.001563400 — 39.049481739704 – 39.583939544073
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Triple top chart pattern –